1. Reduce employee turnover and training costs
FPT can staff your Offshore Software Development Center (OSDC) with a dedicated team. Since annual turnover of FPT development staff averages just 8%, your dedicated OSDC team acquires and maintains an intimate understanding of your software development requirements and processes. In time, you will view your dedicated OSDC team as an integral part of your software development strategy.
2. Reduce compensation costs
It can be costly for you to hire a typical experienced software engineer in your country.. The services of an FPT engineer with similar experience and competencies, working for you in an OSDC, can cost substantially less. Additionally, when you consider the financial implications of employee stock options (exercised and unexercised), health benefits and paid vacation time, the management effort to care for the staff, and added cost associated with office space and equipment or tools, the compensation savings (and the positive impact on shareholder value) are even greater.
3. Reduce time-to-market
Shorter product life-cycles, the need to beat competitors to market, changing requirements of your target market, faster ROI required by investors…all drive the necessity of getting your product on the market as soon as possible. FPT Software's development centers with nearly 2,500 staff in Ha Noi, Da Nang and Ho Chi Minh City and oversea branches in Japan, Singapore, Malaysia, Thailand, the Philippines, the United States, Europe. Australia enable 24/7 development work on your project.
4. Focus on your core competencies
Focusing your resources on your core business and competencies allows you to adapt and respond to developments within your market-space quicker and more effectively. In fact, current management theories (Moore) say that even if the initial cost of outsourcing is higher than performing the activity internally, it is better for your long-term competitive position to outsource that activity.
This is the ultimate reason for establishing a long-term OSDC relationship with FPT Software.